Plateau Energy Metals Inc. PLUUF

Alex Holmes interviewed by "Mining Technology"

[juanPeru]

https://www.mining-technology.com/features/plateaus-lithium-project-in-peru/

Developing Plateaus lithium project in Peru: the triangle becomes a square

Plateau Energy Minerals is developing lithium and uranium resources in Peru, both of which have never been mined in the South American country. Its CEO Alex Holmes talks about the discovery, the importance of new legislation and what it could mean for the South American country.

[Y93H1979]

Interesting that he mentions they are conducting further drilling at Falchani west for the sake of scheduling of mining activity. Makes sense I guess, if they can expand the near surface resource, which would reduce the upfront capex spend. Removing 70-80m of over burden would cost a bit of $$$. I wondered what the point of further drilling and resource expansion was at first as the resource is

[tankumo]

South 32 maybe in the future? I hope Chinese company is looking into this one.

[juanPeru]

Thanks for your detailed comments. I think many, including the Peruvian government itself, were wondering (and are still wondering) why the company did not immediately advance the (lithium) project if it already had enough resources for 40 years of exploitation, and now we have the clear answer. Although it took time to get permission from the community, the company was finally able to drill to